by Christine Brown | Nov 24, 2021 | Estate Planning, Inheritance
If you’re like many Americans, your home is the single most valuable asset you own, and perhaps the single most important item to consider when drafting your estate plan. It’s important to know that your children will inherit the family home after you have passed away...
by Christine Brown | May 7, 2020 | Estate Planning, Inheritance
Intellectual property – ideas or works of art that have value but don’t originate in material reality – are considered personal property and may be bequeathed to heirs. There is well-established law on intellectual property and estate law for those who want their...
by Christine Brown | Apr 30, 2020 | Estate Planning, Inheritance, Trusts
Self-made billionaire Warren Buffet once famously said, “Leave your children enough money so they can do anything, but not enough that they don’t have to do anything.” Commodore Vanderbilt’s grandson, an heir to some $60 million in 1885, also once declared...
by Christine Brown | Apr 8, 2020 | Estate Planning, Grandchildren, Inheritance
Torrance estate attorneys know that it’s not inherently bad if your son-in-law or daughter-in-law receives your child’s inheritance. After all, he or she is part of the family. Ideally, if an in-law ends up with the family’s money (say your adult child passes away...
by Christine Brown | Feb 29, 2020 | Estate Planning, Inheritance
When a home is passed on to adult children after the death of a parent, there are three typical paths that beneficiaries can choose: move into the house, sell the house, or rent it out. If you and/or your siblings recently inherited a house and are uncertain about the...
by Christine Brown | Oct 26, 2019 | Estate Planning, Inheritance
By Long Beach Estate Planning Lawyer Christine Brown Estate planning for a married couple is often pretty straightforward: you leave all of your property and money to your spouse who also takes care of the minor children. But what happens if both parents pass away...